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Zynex (ZYXI) Competitors

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$2.43 -0.08 (-3.19%)
Closing price 07/8/2025 04:00 PM Eastern
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$2.43 0.00 (0.00%)
As of 07/8/2025 05:50 PM Eastern
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ZYXI vs. NNOX, ZIMV, SNWV, CATX, NYXH, DRTS, SMTI, BWAY, SKIN, and TCMD

Should you be buying Zynex stock or one of its competitors? The main competitors of Zynex include Nano-X Imaging (NNOX), ZimVie (ZIMV), Sanuwave Health (SNWV), Perspective Therapeutics (CATX), Nyxoah (NYXH), Alpha Tau Medical (DRTS), Sanara MedTech (SMTI), Brainsway (BWAY), Beauty Health (SKIN), and Tactile Systems Technology (TCMD). These companies are all part of the "medical equipment" industry.

Zynex vs. Its Competitors

Nano-X Imaging (NASDAQ:NNOX) and Zynex (NASDAQ:ZYXI) are both small-cap medical equipment companies, but which is the superior stock? We will contrast the two businesses based on the strength of their analyst recommendations, valuation, dividends, media sentiment, risk, profitability, earnings and institutional ownership.

Zynex has higher revenue and earnings than Nano-X Imaging. Zynex is trading at a lower price-to-earnings ratio than Nano-X Imaging, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Nano-X Imaging$11.28M26.79-$53.52M-$0.90-5.81
Zynex$192.35M0.38$2.99M-$0.24-10.13

Nano-X Imaging has a beta of 1.96, indicating that its stock price is 96% more volatile than the S&P 500. Comparatively, Zynex has a beta of 0.83, indicating that its stock price is 17% less volatile than the S&P 500.

21.5% of Nano-X Imaging shares are owned by institutional investors. Comparatively, 29.7% of Zynex shares are owned by institutional investors. 49.3% of Zynex shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.

In the previous week, Zynex had 5 more articles in the media than Nano-X Imaging. MarketBeat recorded 5 mentions for Zynex and 0 mentions for Nano-X Imaging. Zynex's average media sentiment score of 0.04 beat Nano-X Imaging's score of 0.00 indicating that Zynex is being referred to more favorably in the news media.

Company Overall Sentiment
Nano-X Imaging Neutral
Zynex Neutral

Zynex has a net margin of -4.30% compared to Nano-X Imaging's net margin of -472.19%. Zynex's return on equity of -23.70% beat Nano-X Imaging's return on equity.

Company Net Margins Return on Equity Return on Assets
Nano-X Imaging-472.19% -30.92% -27.73%
Zynex -4.30%-23.70%-6.23%

Nano-X Imaging presently has a consensus target price of $9.50, suggesting a potential upside of 81.64%. Zynex has a consensus target price of $6.00, suggesting a potential upside of 146.91%. Given Zynex's higher possible upside, analysts plainly believe Zynex is more favorable than Nano-X Imaging.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Nano-X Imaging
0 Sell rating(s)
0 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
3.00
Zynex
0 Sell rating(s)
2 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.33

Summary

Zynex beats Nano-X Imaging on 11 of the 16 factors compared between the two stocks.

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New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ZYXI and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ZYXI vs. The Competition

MetricZynexMED PRODUCTS IndustryMedical SectorNASDAQ Exchange
Market Cap$75.90M$10.51B$5.50B$8.94B
Dividend YieldN/A2.08%5.25%4.04%
P/E Ratio-10.1216.3326.9720.11
Price / Sales0.3830.69426.02119.76
Price / Cash10.2822.7536.8257.86
Price / Book2.173.657.985.56
Net Income$2.99M$235.43M$3.16B$248.40M
7 Day Performance-9.67%1.38%2.36%4.67%
1 Month Performance10.96%1.54%2.15%6.64%
1 Year Performance-72.23%-10.04%33.78%21.31%

Zynex Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ZYXI
Zynex
2.4322 of 5 stars
$2.43
-3.2%
$6.00
+146.9%
-72.3%$75.90M$192.35M-10.12770
NNOX
Nano-X Imaging
1.324 of 5 stars
$5.17
-1.1%
$9.50
+83.8%
-27.1%$302.18M$11.28M0.00190Positive News
ZIMV
ZimVie
1.9249 of 5 stars
$9.35
+1.0%
$16.33
+74.7%
-47.2%$257.87M$449.75M11.721,770News Coverage
SNWV
Sanuwave Health
N/A$32.86
+9.7%
N/AN/A$256.24M$32.63M0.0040
CATX
Perspective Therapeutics
1.1835 of 5 stars
$3.44
-8.5%
$12.56
+265.0%
-67.8%$255.34MN/A0.0070
NYXH
Nyxoah
N/A$7.48
+0.1%
$14.50
+93.9%
-5.8%$254.43M$4.89M0.00110
DRTS
Alpha Tau Medical
1.8656 of 5 stars
$3.12
+4.7%
$8.00
+156.4%
+46.8%$252.76MN/A0.0080Positive News
SMTI
Sanara MedTech
1.9523 of 5 stars
$28.39
-0.1%
$49.50
+74.4%
+9.0%$252.50M$86.67M0.0060
BWAY
Brainsway
1.8305 of 5 stars
$13.15
-0.5%
$14.25
+8.4%
+109.3%$249.79M$41.02M66.10120Gap Down
SKIN
Beauty Health
0.3419 of 5 stars
$1.91
-2.1%
$1.42
-25.8%
+9.9%$245.69M$334.30M0.001,030
TCMD
Tactile Systems Technology
2.9289 of 5 stars
$10.14
-1.9%
$16.00
+57.8%
-13.5%$240.39M$292.98M14.561,037

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This page (NASDAQ:ZYXI) was last updated on 7/9/2025 by MarketBeat.com Staff
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